23 Sep '15, 1am

Private Apartment Market Cap From 2014-2015 | SRX Research

The market value in this study is based on the total X-Value of all measurable non-landed residential properties. Over 200,000 unique non-landed private (NLP) residential units were derived from addresses found in URA and SRX transactions databases. The market capitalization (market cap) represents the sum of all X-Value for these NLP units. The X-Value can be calculated retrospectively i.e. an X-Value for a unit can be calculated at a historical point in time. This allows us to calculate the market value in September 2014 and September 2015. The X-Value X-Value is based on the same real-time transaction data which powers the SRX Property Price Index. The Index is reported by all major media outlets (eg. Straits Times, Channel News Asia and Business Times) every month. X-Value is used by real estate valuers, consumers, real estate professionals and businesses with 80,000-1...

Full article: http://www.srx.com.sg/research/10982/private-apartment-ma...

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